09 JUN 2021
Survey: Small Businesses Hit Roadblocks on Road to Recovery
The impact of COVID-19 on small businesses and communities all over the world is significant. In our latest survey, 82% of small business owners expect to exhaust their PPP loan funding by the end of July and only 24% are very confident they will be able to maintain their payroll when their funding is exhausted.
Consistent with our firm’s purpose of advancing sustainable economic growth and financial opportunity, Goldman Sachs is committed to supporting relief efforts, elevating the voices of our small business community to policymakers, and working across sectors on innovative sources of funding.